Stenger, Edward J.

Ted's expertise is developing solutions in complex corporate restructurings and reorganizations for troubled companies. He has served as advisor to senior management and boards of directors, guiding them through workout negotiations and developing comprehensive turnaround strategies, including organizational change, capacity rationalization and divestitures. He provides interim management to companies requiring experience in defining and implementing turnaround programs.

Ted’s recent experience includes:

  • Executive Vice President, Motors Liquidation Company (formerly General Motors)
  • Restructuring Advisor at BHM Technologies, a leading auto parts supplier
  • Chief Restructuring Officer at Dana Corporation, a leading automotive parts supplier
  • Chief Restructuring Officer at Fleming Companies, Inc., a leading supplier of consumer package goods
  • Treasurer at Kmart Corporation, a $37 billion discount retailer
  • Financial advisor to Fruit of the Loom, a $2 billion international basic apparel company
  • Restructuring Advisor at FINOVA Group Inc., a $13 billion commercial financial services company
  • Interim COO of American Rice Inc., one of the world's leading processors and marketers of branded rice products
  • Interim CEO for Maidenform Worldwide, the largest privately held intimate apparel company in the United States


In the formal reorganization process, Ted has represented Chapter 11 debtors as well as creditors' committees and equity holders. He provides expert testimony on matters related to lost profits, solvency and fraudulent conveyances. He has presented professional papers and published articles about restructuring and the financial and accounting aspects of successful reorganizations. He is a co-author of the Financial Handbook for Bankruptcy Professionals, second edition, West Publishing Co. (1996).

Prior to joining AlixPartners, Ted was in the Corporate Finance Group of Ernst & Young. He is a Certified Insolvency and Restructuring Accountant and is a CPA. He earned a Bachelor's degree in business administration from the University of Notre Dame.